SALES CONTRACT
PARTIES
- This Sales Contract (hereinafter referred to as the “Contract”) is entered into on August 10/2024
(the “Effective Date”), by and between Sami Mohammed (MN Industrial Machineries)
with an address of Addis Ababa, Kirkos Sub City Woreda 06, house No. 66 (hereinafter
referred to as the “Seller”)
And
- Bedriberi Manufacturing PLC, with an address of Addis Ababa, Akaki Kality Sub city,
Woreda 07, House No. New (hereinafter referred to as the “Customer”) (collectively referred
to as the “Parties”).
GOODS AND PRICE
- The goods that the Seller is selling to the Customer are enlisted below with their quantities
(hereinafter referred to as the “Goods”).
SNo Goods Unit Quantity Price per unit Total Price
1 DHFB Plastic Machine with Balance Set 2 900,000.00 1,320,000.00
2 Continuous 2 Line Plastic Cutting Set 2 600,000 880,000.00
Total 2,200,000.00
PRICE AND PAYMENTS
- The Seller hereby agrees to sell the Goods to the Customer for an amount of ETB 2,200,000.00
(Two Million two hundred thousand Birr)
- The Seller will provide an invoice to the Customer at the time of the delivery.
- All invoices are to be paid in full at least within thirty (60) days.
- Any balances not paid within thirty (60) days will be subject to a five percent (5%) late
payment penalty.
DELIVERY AND SHIPPING
- The delivery of the goods (hereinafter referred to as the “Delivery”) will be at the location of
the Buyer
- The shipping method will be decided by the supplier and suppier will be responsible for the
costs of the shipment.
WARRANTIES
- Except as expressly set forth in this Agreement, the Parties acknowledge and agree that the
Goods are provided as is.
- Except for the express warranties set forth herein, neither party makes any representations or
grants any warranties, express or implied, either in fact or by operation of law, by statute or
otherwise, and each party specifically disclaims any other warranties, whether written or oral,
or express or implied, including any warranty of quality, merchantability, or fitness for a
particular use or purpose or any warranty as to the validity of any patents or the non-
infringement of any intellectual property rights of third parties.
INSPECTION
- Hereby, the Customer acknowledges that it has relied solely on the investigations,
examinations, and inspections that the Customer has chosen to make and that the Seller has
afforded the Customer the opportunity for full and complete investigations, examinations, and
inspections.
RISK OF LOSS AND TITLE
- The risk of loss or damage for the goods will be on the Seller until the goods pass upon delivery
to the Customer or its designee.
- The Title of the goods will also remain with the Seller until the goods pass upon delivery to
the Customer or its designee.
DELAY OR FAILURE TO PERFORM AND FORCE MAJEURE
- Under no circumstances will the Seller be held liable to the Customer for any delay that may
occur, non-delivery or an arising fault of this Agreement that may be due to any labour dispute,
shortage in transportation, delay or shortage of materials to produce the Goods, fires, accidents,
Acts of God, or any other causes outside Seller’s control. The Seller will notify the Customer
immediately upon realization that it will not be able to deliver the Goods as promised. Upon
such notice, either Party may terminate this Agreement.
TERMINATION
- This Agreement may be terminated by either party or both Parties at any instant provided that
the terminating party provides a written notice of termination 5 days in advance.
LIMITATION OF LIABILITY
- Under no circumstances will the Seller be liable for any indirect, special, consequential, or
punitive damages (including lost profits) arising out of or relating to this Agreement or the
transactions it contemplates (whether for breach of contract, tort, negligence, or other form of
action).
GOVERNING LAW
- This Agreement shall be governed by and construed in accordance with the laws of the
commercial code of Ethiopia
AMENDMENTS
- The Parties agree that any amendments made to this Agreement must be in writing, where they
must be signed by both Parties to this Agreement.
- Accordingly, any amendments made by the Parties will be applied to this Agreement.
SEVERABILITY
- In the event that any provision of this Agreement is found to be void and unenforceable by a
court of competent jurisdiction, then the remaining provisions will remain in force in
accordance with the Parties’ intention.
ENTIRE AGREEMENT
- This Agreement contains the entire agreement and understanding among the Parties hereto
with respect to the subject matter hereof, and supersedes all prior agreements, understandings,
inducements and conditions, express or implied, oral or written, of any nature whatsoever with
respect to the subject matter hereof. The express terms hereof control and supersede any course
of performance and/or usage of the trade inconsistent with any of the terms hereof.
FORCE MAJEURE
- The Seller will not be liable for delays in performance or for non-performance due to
unforeseen circumstances or causes beyond the Seller’s reasonable control.
SIGNATURE AND DATE
- The Parties hereby agree to the terms and conditions set forth in this Agreement and such is
demonstrated throughout their signatures below:
CUSTOMER SELLER
Name:____________________________ Name:____________________________
Signature:_________________________ Signature:_________________________
Date:_____________________________ Date:_____________________________
